What is the RBI 2000 Note Exchange Latest Policy (Updated 3 Nov, 23)

What is the RBI 2000 Note Exchange Latest Policy (Updated 3 Nov, 23), You will learn about latest RBI 2000 Note Exchange by Post Policy and receive amount direct in Bank account.

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  • You will learn about RBI 2000 Note Exchange Policy.
  • RBI 2000 Note Exchange last date shall be updated.
  • RBI 2000 Note Exchange latest update will be mentioned in the article.

What is the RBI 2000 Note Exchange Latest Policy (Update 3 Nov, 23)

RBI 2000 note exchange rules have been updated and as per the latest notification, individuals and entities can exchange the pink notes at 19 RBI issue offices. The deadline for exchanging 2000 notes was September 30, 2023 which was later extended to October 7, 2023. PrimeNewsly brings to you a detailed article on the RBI 2000 Note Exchange Latest Policy.

What is the RBI 2000 Note Exchange Last Date?

RBI has issued a notice that deposit/ exchange of 2000 notes can happen at the 19 issue offices without any information regarding the last date for the same.

RBI 2000 Note Exchange Latest Update

2000 notes can be sent to the 19 RBI Issue Offices via India Post. The amount shall be credited to the bank account of the individuals if valid documents are submitted. At a time an individual can exchange up to INR 20000 Rs 2000 notes.

RBI 2000 Note Exchange Latest Update regarding the 19 Offices

2000 notes can be exchanged at the following 19 RBI issue offices:

RBI Issue Office

Address

Ahmedabad

The GM, RBI, Issue Department 2nd Floor, Near Gandhi Brigade, Ahmedabad

Bengaluru

The Officer-in-Charge, Consumer Protection and Consumer Cell, RBI, 10/3/8, Nrupthunga Road, Bengaluru

Belapur

The Deputy GM, RBI, Issue Department Plot no.3 Sector 10, H.H. Nirmala Devi Marg, CBD, Belapur, Navi Mumbai

Bhopal

The Deputy General Manager RBI, Issue Department, Hoshangabad Road, Bhopal

Bhubaneswar

The Deputy General Manager Reserve Bank of India, Issue Department Pt. Jawahar Lal Nehru Marg, Post Box No. 16, Bhubaneswar

Chandigarh

The Deputy General Manager RBI, Issue Department Central Vista, Opposite Telephone Bhavan, Sector 17, Chandigarh

Chennai

The General Manager RBI, Issue Department Fort Glacis No. 16, Rajaji Salai, Post Box No. 40, Chennai

Guwahati

The General Manager RBI, Issue Department Station Road, Panbazar, Post Box No. 120, Guwahati

Hyderabad

The General Manager Issue Department RBI 6-1-65, Secretariat Road, Saifabad, Hyderabad

Jaipur

The General Manager, Issue Department RBI, Rambaug Circle, Tonk Road, Post Box No.12, Jaipur

Jammu

The Deputy General Manager RBI, Issue Department Rail Head Complex, Jammu

Kanpur

The General Manager Issue Department RBI, M.G. Marg, Post Box No. 82/142 Kanpur

Kolkata

The General Manager Issue Department RBI, Post Bag No. 49 Kolkata
Reserve Bank of India, Kolkata

Lucknow

Reserve Bank of India, 8-9 Vipin Khand, Gomtinagar, Lucknow

Mumbai

The General Manager Reserve Bank of India, Issue Department Main Building, Shahid Bhagat Singh Marg, Fort, Mumbai

Nagpur

The General Manager Reserve Bank of India, Issue Department Main Office Building, Dr. Raghvendra Rao Road, Post Box No. 15, Civil Lines, Nagpur

New Delhi

The General Manager Reserve Bank of India, Issue Department 6, Sansad Marg, New Delhi

Patna

The Deputy General Manager Reserve Bank of India, Issue Department, South Gandhi Maidan, Patna

Thiruvananthapuram

The Deputy General Manager Reserve Bank of India, Issue Department, Bakery Junction, Thiruvananthapuram

 

How can RBI 2000 Note Exchange via Post Office happen?

To send 2000 notes to the post office, an individual needs to fill out an application form and submit the following documents:

  • AADHAR Card
  • Driving License
  • Voter’s Card
  • PAN Card
  • Passport
  • NREGA Card
  • Identity card issued by the government

In addition to this, the first page of the passbook copy of your bank account has to be sent. The details mentioned here must include your name, account number, IFSC code, bank name and branch name/address.

Highlights of RBI 2000 Note Exchange Latest Policy

  • More than 97% of the 2000 notes have already been exchanged.

  • RBI 2000 Note Exchange via Post Office has eliminated the need for individuals to visit the RBI issue offices for deposit/exchange.
  • By 31.10.23, the value of 2000 notes had decreased to INR 10000 crore from INR 3.56 lakh crore in May 2023 when the withdrawal for the same was announced.

Frequently Asked Questions

When were INR 2000 notes brought into circulation in the market?

After the demonetization of INR 500 and INR 1000 notes happened in 2016, 2000 note was issued by the RBI to fill the currency requirement in the country.

What is the reason behind the RBI 2000 note exchange latest update?

It was reported that there were long queues outside the RBI offices to exchange the pink note and in some cases, it was reported that middlemen had started charging INR 400 per bill from the individuals. To combat this problem, the latest update has come up.

Conclusion:

We urge the citizens of the country to make the best use of RBI 2000 note exchange latest update and get the 2000 notes exchanged at their nearest RBI issue office.


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